Menu Open menu
Find a branchFind a branch
Go
Please enter your postcode using only letters and numbers. Please enter a postcode.

Login
Fixed Bond (174) 31.12.2019

Fixed Bond (174) 31.12.2019


£{{interestEarned}} 1.55 {{headlineSup}} question-mark
{{summaryTextReplaced}}
AER*
Fixed until 31.12.2019
Our straightforward fixed rate bond - for savers who don't need access to their savings until 31 December 2019.
FSCS logo
Your savings are protected

Your eligible deposits with Coventry Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

Please click here  FSCS protect  (PDF 3.7MB) for further information or visit www.fscs.org.uk

This page contains information about Fixed Bond (174) to help you compare it with other accounts and decide whether it’s right for you.

In exchange for putting away your savings until the end of December 2019, we’ll pay you a fixed rate of interest, so you’ll know exactly what you’re earning until 31 December 2019.

Summary box


Account name
Fixed Bond (174) 31.12.2019
What is the interest rate?
  Annual interest
(Fixed until 31.12.2019)
Monthly interest
(Fixed until 31.12.2019)
Balance AER*/Gross p.a. AER* Gross p.a.
£0.01 plus 1.55% 1.55% 1.54%

The interest rate is fixed until 31.12.2019.

We calculate the interest daily and pay it annually (either into this account or to another suitable account) at the end of 31 December or monthly (to another suitable account only), at the end of the last day of each month.

Can Coventry Building Society change the interest rate?

The interest rate is fixed.

No matter what happens to interest rates generally, we won’t change the rate until the account matures at the end of 31 December 2019.

What would the estimated balance be at the end of the fixed rate term based on a £1,000 deposit?
£1,029.90

This would be the balance after 23 months if £1,000 was paid in on 1 February 2018, interest is added annually to the account and no other money was taken out or paid in during the year.

This illustration is just an example to help you compare accounts. It does not take into account any individual circumstances.
How do I open and manage my account?

How to open and manage

  • Online Services
  • Telephone Services
  • By post
  • At a branch (to manage your account in this way, you’ll need to ask us for a passbook)
  • You must be aged 16 or over to have a statement-based version of this account.

How to pay in

This is a limited issue account and you have a limited time to pay in. We must receive your initial deposit, and any other deposits, either within 14 calendar days of your account being opened or while the account is open to new investors, whichever period is longer.

  • Pay in cash or cheques in a branch
  • Post us a cheque
  • Set up transfers from an account with another bank or building society or another account with us
  • The minimum balance is £1
  • The maximum balance is £250,000

After you’ve opened the account, we won’t contact you to let you know when it closes to new investors. 

Can I withdraw money?

This is a no access account. After the 14 day ‘cooling off period’ (see below), you can’t make withdrawals (including any interest paid into the account) or close the account before 31 December 2019.


What happens when the bond matures

This Fixed Bond will mature at midnight at the end of 31 December 2019. We’ll write to you at least 14 days before this to let you know about your options.

At maturity, unless you have asked us otherwise, the money in this account will be automatically re-invested into another bond. However, you’ll have the option to withdraw from or close your new bond at that time.

Additional information

We pay your interest gross. The gross rate is the interest payable before the deduction of tax.

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

For full details, please see the Specific Terms for Fixed Bond (174) and our General Investment Terms and Conditions.


How to keep track of your account

If you choose not to have a passbook, we’ll issue you with a statement within a month of any money leaving your account. But don’t worry, we’ll never send you more than one statement a month.

If you choose to have a passbook and keep it updated, this will be your record of all transactions instead of a statement. If your passbook isn’t updated, we’ll issue you with a statement within a month of any money leaving your account.

You can receive your statements by post. Or, if you use Online Services, you can go paperless and we’ll send you reminders to view your statements.


If you change your mind

You have a 14 day ‘cooling off period’ after you open a Fixed Bond (174).

If you wish, you may change your mind and take some money out, or close the bond within 14 days without notice, charge or loss of interest. To close the account, ask us at any branch, call us on 0800 121 8899 or write to us at: Head Office, Economic House, PO Box 9, High Street, Coventry CV1 5QN.


Not sure what to do?

We’re keen to help you make the right choice – have a chat with our specialists at any branch or by calling 0800 121 8899.


If you’re not happy with our service

Please let us know. We take care to deal with problems quickly, thoroughly and fairly. If you’re still not satisfied when we’ve finished our complaints procedure, you can take your complaint to the Financial Ombudsman Service. For more information about the Ombudsman Service, visit their website: financial-ombudsman.org.uk

Ways to apply


Apply Online

Apply Online

Pop into a
branch

Find a branch

Call us on
0800 121 8899

Compare our accounts

We believe in being open and honest. We want you to make an informed choice. That’s why we've built this tool to help you compare our accounts with other providers.

This tool uses the latest data from moneyfacts.co.uk, an independent comparison service. Moneyfacts aim to include at least 95% of providers of UK-based personal savings accounts. 

What’s missing? Our tool omits any accounts with special conditions for opening (for example, you have to already hold an account with the provider).

Remember: there’s more to a savings account than just the interest rate. You can compare access terms, how to pay in and other criteria – then make your own mind up.

Last updated
{{compareVm.headerData.lastUpdated | date : 'HH:mm dd/MM/yyyy'}}
Powered by Moneyfacts
+

Compare us...

Coventry Building Society

{{compareVm.cbsProduct.name}}
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Maturity date / term {{ compareVm.cbsProduct.maturityDate ? (compareVm.cbsProduct.maturityDate | date : 'dd.MM.yyyy') : 'None'}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Access information
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • Max operating balance {{compareVm.cbsProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • Manage {{compareVm.cbsProduct.operatingChannelsText}}
  • Access information
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • Max operating balance {{compareVm.cbsProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Maturity date / term {{ compareVm.cbsProduct.maturityDate ? (compareVm.cbsProduct.maturityDate | date : 'dd.MM.yyyy') : 'None'}}
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • Access information
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Number of days notice {{compareVm.cbsProduct.notice}}
  • Manage {{compareVm.cbsProduct.operatingChannelsText}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • Max operating balance {{compareVm.cbsProduct.maximum| currency : '£' : 0 }} N/A
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Maturity date / term {{ compareVm.cbsProduct.maturityDate ? (compareVm.cbsProduct.maturityDate | date : 'dd.MM.yyyy') : 'None'}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{compareVm.cbsProduct.isaTransfer}}
  • Access information
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{compareVm.cbsProduct.isaTransfer}}
  • Access information
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Manage {{compareVm.cbsProduct.operatingChannelsText}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Access information
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{compareVm.cbsProduct.isaTransfer}}
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Manage {{compareVm.cbsProduct.operatingChannelsText}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Access information
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • Manage {{compareVm.cbsProduct.operatingChannelsText}}
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • Max operating balance {{compareVm.cbsProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Number of days notice {{compareVm.cbsProduct.notice}}
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{compareVm.cbsProduct.isaTransfer}}
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Manage {{compareVm.cbsProduct.operatingChannelsText}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • Compensation scheme UK
{{compareVm.cbsProduct.interestRate | number:2}}%
{{compareVm.cbsProduct.computedInterestTitle}}
({{compareVm.cbsProduct.rateTypeText}})
  • Number of days notice {{compareVm.cbsProduct.notice}}
  • Introductory bonus {{compareVm.cbsProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{compareVm.cbsProduct.minimum| currency : '£' : 0 }}
  • Manage {{compareVm.cbsProduct.operatingChannelsText}}
  • Access {{compareVm.cbsProduct.accessAllowed}}
  • Opening methods {{compareVm.cbsProduct.openingChannelsText}}
  • Max operating balance {{compareVm.cbsProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{compareVm.cbsProduct.minAge}}
  • When is interest paid {{compareVm.cbsProduct.interestPaid}}
  • Compensation scheme UK

...with

{{selectedProduct.name}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Maturity date / term {{ selectedProduct.maturityDate ? (selectedProduct.maturityDate | date : 'dd.MM.yyyy') : 'None'}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • Access {{selectedProduct.accessAllowed}}
  • Access information
  • When is interest paid {{selectedProduct.interestPaid}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • Max operating balance {{selectedProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{selectedProduct.minAge}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • Manage {{selectedProduct.operatingChannelsText}}
  • Access information
  • Access {{selectedProduct.accessAllowed}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • Max operating balance {{selectedProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{selectedProduct.minAge}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Maturity date / term {{ selectedProduct.maturityDate ? (selectedProduct.maturityDate | date : 'dd.MM.yyyy') : 'None'}}
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum age {{selectedProduct.minAge}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • Access information
  • Access {{selectedProduct.accessAllowed}}
  • Number of days notice {{selectedProduct.notice}}
  • Manage {{selectedProduct.operatingChannelsText}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • Max operating balance {{selectedProduct.maximum| currency : '£' : 0 }} N/A
  • When is interest paid {{selectedProduct.interestPaid}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Maturity date / term {{ selectedProduct.maturityDate ? (selectedProduct.maturityDate | date : 'dd.MM.yyyy') : 'None'}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{selectedProduct.isaTransfer| yesNoFilter}}
  • Access information
  • Access {{selectedProduct.accessAllowed}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • Minimum age {{selectedProduct.minAge}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{selectedProduct.isaTransfer| yesNoFilter}}
  • Access information
  • Access {{selectedProduct.accessAllowed}}
  • Manage {{selectedProduct.operatingChannelsText}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Minimum age {{selectedProduct.minAge}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • Access {{selectedProduct.accessAllowed}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • Minimum age {{selectedProduct.minAge}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Access information
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{compareVm.cbsProduct.isaTransfer}}
  • Access {{selectedProduct.accessAllowed}}
  • Manage {{selectedProduct.operatingChannelsText}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Minimum age {{selectedProduct.minAge}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Access information
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • Manage {{selectedProduct.operatingChannelsText}}
  • Access {{selectedProduct.accessAllowed}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • Max operating balance {{selectedProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{selectedProduct.minAge}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Number of days notice {{selectedProduct.notice}}
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • ISA transfer in {{compareVm.cbsProduct.isaTransfer}}
  • Access {{selectedProduct.accessAllowed}}
  • Manage {{selectedProduct.operatingChannelsText}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Minimum age {{selectedProduct.minAge}}
  • Compensation scheme {{selectedProduct.compensationScheme}}
{{selectedProduct.interestRate | number:2}}%
{{selectedProduct.computedInterestTitle}}
({{selectedProduct.rateTypeText}})
  • Number of days notice {{selectedProduct.notice}}
  • Introductory bonus {{selectedProduct.introductoryBonus| yesNoFilter}}
  • Minimum balance {{selectedProduct.minimum| currency : '£' : 0 }}
  • Manage {{selectedProduct.operatingChannelsText}}
  • Access {{selectedProduct.accessAllowed}}
  • Opening methods {{selectedProduct.openingChannelsText}}
  • Max operating balance {{selectedProduct.maximum| currency : '£' : 0 }} N/A
  • Minimum age {{selectedProduct.minAge}}
  • When is interest paid {{selectedProduct.interestPaid}}
  • Compensation scheme {{selectedProduct.compensationScheme}}

...with

Choose account

Coventry Building Society is not responsible for the accuracy of the data. This tool doesn't provide any recommendation or advice. Full terms and conditions relating to each product listed are available from the relevant provider. We don't receive a commission, incentive or other form of remuneration from Moneyfacts or any other provider.

Existing savings customers

Already with us? Log in to Online Services or find information about your savings account:

 


What's my rate?
Find your account